PERFECT HARMONIC GARTLY PATTER - SHORT USD index!
Retracemnt is coming for US Dollar.
We have a convergence of a perfect bearish harmonic GARTLEY pattern + 200 MA resistance + bearish price-action (a nice pin-bar has just formed - price bounced back from the 200 MA) + RSI went oversold.
Personally I expect the price to retest the 200MA first and then rollover toward the TP2 target.
SL: 90,03
entry point: 91,53
TP1: 90,85
TP2: 90,00
We have a convergence of a perfect bearish harmonic GARTLEY pattern + 200 MA resistance + bearish price-action (a nice pin-bar has just formed - price bounced back from the 200 MA) + RSI went oversold.
Personally I expect the price to retest the 200MA first and then rollover toward the TP2 target.
SL: 90,03
entry point: 91,53
TP1: 90,85
TP2: 90,00